_1557904527894.jpg?format=webp&height=120&width=120){kind=logo}
InsPro Technologies - About the company
InsPro Technologies is an acquired company based in Crum Lynne (United States), founded in 1986. It operates as a Provider of an insurance policy administration software for payers. InsPro Technologies has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 345 active competitors, including 48 funded and 60 that have exited. Its top competitors include companies like HealthEdge, Change Healthcare and Novotech.
Company Details
InsPro Technologies provides group and individual insurance, policy administration software for health, life, and annuities, called InsPro Enterprise. This is a web-based software that crosses the entire enterprise of an insurance agency - from marketing to operations. The software also spans the entire insurance product and policy lifecycle and offers integrated support for all channels, policies, and users. InsPro Enterprise manages billing, claims, and payments for insurance agencies. Since it is built on a web-based architecture, InsPro enables companies to consolidate multiple policies into one processing platform. In addition to the web-based software, InsPro also offers customers optional hosting, application management, and tech support.
- Website
- inspro.com
- Social
Key Metrics
Founded Year
1986
Location
Crum Lynne, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Jan 30, 2020
Investors
Ranked
83rd among 345 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2019
Employee Count
54 as on Dec 31, 2019
Similar Companies
Exit Details
Acquired by Majesco (Jan 30, 2020)
Legal entities associated with InsPro Technologies
InsPro Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INSPRO TECHNOLOGIES CORP CIN: 1309442 , United States, Active | Nov 20, 2005 | $10M - $50M (As on Dec 31, 2019) | - | - |
InsPro Technologies's acquisition details
Click here to take a look at InsPro Technologies's acquisition in detail
Sign up to download InsPro Technologies' company profile
InsPro Technologies's funding and investors
InsPro Technologies has raised funding over 6 rounds. Its first funding round was on Nov 20, 2012. InsPro Technologies has 2 institutional investors.
Here is the list of recent funding rounds of InsPro Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 12, 2017 | 1465258 | Post IPO | 9004272 | 7564106 | 6171489 | 5665858 |
Apr 20, 2017 | 2624087 | Post IPO | 6607380 | 2267999 | 3574962 | 7577083 |
Oct 08, 2015 | 5629627 | Post IPO | 1719495 | 5449907 | 9131129 | 8771525 |
Access funding benchmarks and valuations. Sign up today!View details of InsPro Technologies's funding rounds and investors
InsPro Technologies' founders and board of directors
Founder? Claim ProfileInsPro Technologies' employee count trend
InsPro Technologies has 54 employees as of Dec 19. The total employee count is 19.0% lower than what it was in Dec 18. Here is InsPro Technologies's employee count trend over the years:
Uncover InsPro Technologies' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
InsPro Technologies's Competitors and alternates
Top competitors of InsPro Technologies include HealthEdge, Change Healthcare and Novotech. Here is the list of Top 10 competitors of InsPro Technologies, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HealthEdge 2004, Burlington (United States), Acquired | Provider of a suite solutions for healthcare payer | $108M | 78/100 | |
2nd | Change Healthcare 2007, Nashville (United States), Acquired | Cloud-based suite solution for payers, providers and patients | $36M | 72/100 | |
3rd | Provider of clinical research services across all trial phases and therapeutic areas | $255M | 68/100 | ||
4th |  Concert AI 2018, Boston (United States), Series C | Provider of AI and real-world data solutions for life sciences | $300M | 64/100 | |
5th |  Artificial Labs 2013, London (United Kingdom), Series B | Software solutions provider for Insurers | $72.1M | 62/100 | |
6th | Developer of AI foundation model to transform biological research | $76M | 62/100 | ||
7th | Dotmatics 2005, Bishop s Stortford (United Kingdom), Acquired | AI powered scientific data management and workflow automation solutions | $11.3M | 62/100 | |
8th |  Inovalon 1998, Bowie (United States), Acquired | Cloud-based data analytics platform for providers and payers | - | 61/100 | |
9th |  Zelis Healthcare 1995, Boston (United States), Funding Raised | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | - | 59/100 | |
10th | Platform enabling multiple insurance policies | $6.5M | 59/100 | ||
83rd | _1557904527894.jpg?devicePixelRatio=2&height=30&width=30){kind=logo} InsPro Technologies 1986, Crum Lynne (United States), Acquired | Provider of an insurance policy administration software for payers | - | 36/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on InsPro Technologies's competitors? Click here to see the top ones
InsPro Technologies's Investments and acquisitions
InsPro Technologies has made no investments or acquisitions yet.
Reports related to InsPro Technologies
Here is the latest report on InsPro Technologies's sector:
News related to InsPro Technologies
Filter this list•
•
InsPro Technologies Corporation Announces Fourth Quarter 2019 Financial ResultsBusiness Wire•Mar 25, 2020•InsPro Technologies
•
•
InsPro Technologies Corporation Announces Third Quarter 2019 Financial ResultsBusiness Wire•Nov 12, 2019•InsPro Technologies
•
•
InsPro Technologies Corporation Announces First Quarter 2019 Financial ResultsBusiness Wire•May 15, 2019•InsPro Technologies
•
•
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about InsPro Technologies
Explore our recently published companies
- Wisdom Square Technologies - New Hyde Park based, 2008 founded, Unfunded company
- Fruverpack - Almoradi based, 1992 founded, Unfunded company
- AERA - Bouxwiller based, 1979 founded, Unfunded company
- Divine Hindu - Ujjain based, 2023 founded, Unfunded company
- Globaldigitalpartner.com - 2013 founded, Unfunded company
- OROK - Bourgoin Jallieu based, 2018 founded, Deadpooled company
